The global *,*-Butanediol (BDO) market has defended itself from high volatility but still not posing stability. China is struggling with mountainous inventories and soft demand, and the effects are changing trade flows from India and South Korea to Germany. At the same time, the U.S. is ushering in a significant new phase with the world&#**;s largest Bio-BDO plant鈥攃harting a new course in the longer-term supply and demand landscape.
In the second week of July ****, prices for BDO FOB Qingdao remained unchanged at USD ****/tonne, while feedstock Propylene fell *.*** and Butadiene fell *.***, clearly maintaining some pricing stability for BDO. However, the rest of the BDO market showed a lack of trade with prices stuck just below *,*** RMB/ton, indicative of an environment where sentiment is weak (notably from downstream demand PBT), where PTMEG is available and where THF...
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